The Versatile Credit solution provides a private, secure and fast customer finance application process. With its Credit Cascade feature, the system allows applications denied by a primary lender to be sent to secondary lenders and rent-to-own options. As a result, credit denials are reduced by up to 40 percent. Jason Kirk, Nationwide Marketing Group's VP of Financial Services, said credit is a vital business element for the groups independent retailers. "Versatile Credit's reputation and integration with all of our finance partners make it a perfect choice for our members," he said. "Independent retailers are most successful when they make it easy for customers to gain the credit they need to make large purchases. Versatile Credit does just that."

The problems associated with other application processes has led to finance fatigue for customers and store personnel, said Kevin Lawrence, VP of Sales and Marketing for Versatile Credit. “Using Versatile Credit customers submit their application in private, without help from store associates,” he said. “Embarrassment from a denial is removed. And with the touch of a button, the system cascades the application to alternative lending choices. The process takes only a few minutes to complete”. Versatile Credit is in use in thousands of retail storefronts across the United States. Retailers using the system typically see a 20 percent increase in applications, with an average approved credit amount of $4,000. Since 2007, Versatile Credit has facilitated more than $16 billion in approved retail credit.

About Versatile Credit
Privately held Versatile Credit offers an ecosystem of leading lending partners, proprietary software and services, beautifully designed hardware, and engaging visual content. This results in an exceptional experience for customers that drives more credit applications, more approvals and more sales for retailers. For more information about Versatile Credit, visit Versatilecredit.com. Follow Versatile Credit on Twitter at https://twitter.com/VersatileCredit.